Derbyshire Courts
Derbyshire Courts
Derbyshire Courts involves the refurbishment of the existing listed Derby Court and the new-build of Chesterfield Court.
About
Derbyshire Courts involves the refurbishment of the existing listed Derby Court and the new-build construction of Chesterfield Court. Derby Courts has a total of 11 courts, Chesterfield has a total of 7 Courts.
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Chesterfield was a new-build which opened in 2003. In addition to its seven courts, it also comprises of a cell area and admin space, spread across three floors.
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Derby Courts has been operational since 2003 and has Grade 1 and 2 listed parts. Records suggest it was an original 17th Century building with alterations in the 1920's, 30's and 50's prior to the remodelling under PFI.
Why we invest in PPPs
PPPs provide much needed critical infrastructure often replacing older public sector properties with new state of the art facilities operated by experienced facilities management contractors. The investments provide stable long-term, index-linked cash flows backed by high quality public sector counterparties.
- Stable income from high quality counterparties: The investment companies receive availability-based revenues from public sector counterparties
- International delivery model: INPP has invested in PPP assets in Australia, Canada, New Zealand, Europe and the UK
- Long-term, predictable cash flows: PPP concessions will typically last for between 25 and 35 years
- Risk transfer: Construction and operational risks are transferred to investment company’s supply chain partners
- Inflation-protected revenues: Revenues are generally inflation-linked and indexed to local inflation measures, such as the UK’s Retail Price Index (‘RPI’)
- Critical infrastructure: INPP’s PPP investments deliver much needed critical infrastructure to the public sector, supporting local societies and communities across our key geographies
Sustainable Development Goals (SDGs)
2030 Agenda for Sustainable Development adopted by UN Member States in 2015
SDGs supported:
Outcomes
- International presence: INPP has judicial sector investments in Canada, New Zealand, Europe and the UK
- Courthouse infrastructure: More than 90 courts have been delivered by the schemes INPP has invested
- Focus on new build infrastructure: Over 70% of the Courthouses INPP has invested in are new build
- Access to justice: INPP’s judicial assets help promote peaceful and inclusive societies for sustainable development by supporting the build of accountable institutions that provide access to justice for all (SDG 16)